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91
Apr 25, 2013
04/13
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intuit cutting its 2013 outlook citing a tough tax season. ever since it reported better than expected earnings, that stock has been on a tear. >> rick is tracking the action at the cme. stocks held up pretty well on hagel's comments. what about the bond market? >> seems unaffected by just about everything. we had a pretty good seven year note auction. notice the scale. these are really compressed ranges. if you open it up you can really see what's going on. here is where the reigns are big. if you open the chart up, these are the. >> and brief flash. the fake ap tweet made everyone see how much of a role social media plays into these markets these days. >> we saw the dow jones industrial average go from a gain of 135 points to negative 12 in under a minute and a half. >> it says breaking -- two explosions in the white house. barack obama is injured. >> immediately people started trying to confirm whether or not that report was true. >> all of the sudden everybody started yelling the bids are coming out. >> the markets always react to rumors.
intuit cutting its 2013 outlook citing a tough tax season. ever since it reported better than expected earnings, that stock has been on a tear. >> rick is tracking the action at the cme. stocks held up pretty well on hagel's comments. what about the bond market? >> seems unaffected by just about everything. we had a pretty good seven year note auction. notice the scale. these are really compressed ranges. if you open it up you can really see what's going on. here is where the reigns...
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Apr 22, 2013
04/13
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KRCB
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eye 55
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when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional portions that it brings up? >> the supreme court said in 1992, a time we were talking about catalogs. that that time, state laws were too complex for everyone. guess what? we are in a different day and age, everyone knows electronic commerce, the internet is here to take. it's robust and what you have now is because congress has not acted you are giving a subsidy to online retailer that is not needed. what we need to do is treat everyone the same. if you have customers in a state with a sales tax, you should collect and remit. >> steve, you got the first
when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional...
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Apr 23, 2013
04/13
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he wants to end the spending cuts so he can raise taxes. you know it and i know it. and kevin brady knows it. thank you, mr. brady, we appreciate it. >> thank you. >> very much. now, folks, some more bad news. i don't know. a huge insider trading scandal broke earlier this month. a washington lobbyist tipped off some investors to an $8 billion increase in government health care spending. now, cnbc's eamon javers has new details about this grisly story. once again, good evening, eamon. >> good evening, larry. the new details are that the law and lobbying firm green and troutwig has received and is responding to a subpoena from the s.e.c. in this matter. they are involved in a situation here, because the allegation is that a separate firm called hight securities sent a tip to wall street clients that changes were coming to medicare. there was an employee involved in the chain of communication of e-mails of some of this information. now greenbergtroutwig also saying today they're going to get out of the business of so-called political intelligence. that's when firms in
he wants to end the spending cuts so he can raise taxes. you know it and i know it. and kevin brady knows it. thank you, mr. brady, we appreciate it. >> thank you. >> very much. now, folks, some more bad news. i don't know. a huge insider trading scandal broke earlier this month. a washington lobbyist tipped off some investors to an $8 billion increase in government health care spending. now, cnbc's eamon javers has new details about this grisly story. once again, good evening,...
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Dec 30, 2013
12/13
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FBC
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rich: what do you think about as far as without corporate tax reform, the think tax reform is really the type of catalyst that people say it is? >> well, it's a question of who knows for the average your out there that dividend is tax favored you can get long-term capital gains treatment which is very important. rich: to you feel as the markets are concerned about the fed pulling back? the most interest rates will rise. how fast it happens, that is what the fed is trying to control. and elsie inflation on the horizon that will fuel the concerns. we have done the overall economy. still more to come, more advice for your money in the new year and what is the real reason behind the ears resolutions. why do we make the men break-in? we will be back. ♪ the and we are me. he is allies. research editor and analyst and a principal cio. i want to talk with you first, dan. what you think about that? >> well, i don't like companies that don't make money. and i don't like companies that trade for exorbitant multiples of earnings when i really can't understand how they are worth that much. it i
rich: what do you think about as far as without corporate tax reform, the think tax reform is really the type of catalyst that people say it is? >> well, it's a question of who knows for the average your out there that dividend is tax favored you can get long-term capital gains treatment which is very important. rich: to you feel as the markets are concerned about the fed pulling back? the most interest rates will rise. how fast it happens, that is what the fed is trying to control. and...
121
121
Mar 26, 2013
03/13
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so the answer to this problem is not a new tax and it will eventually get passed on to the consumer. but big banks should worry. a vote in the senate does show that there is moment. >> bart, you're in the camp that says we should break up the big banks, that there is a thing, too big to fail. but what's too big? where's the watermark? at what point is that bank too big to fail? and who should decide that? >> it's a good question and does need to be studied. banks have been closed up $250 billion in assets. we roughly have five banks that are more than $500 billion in assets. it's the big five. and clearly they need to be broken up. we have a major taxpayer subsidy that we shelled out four years ago, five years ago, in terms of the bailout itself. we also now have too big to jail, with companies such as hspc, laundering over $200 trillion of money without any real penalty. >> but i think we should be skeptical of washington, because a few days before dodd/frank was signed into law, secretary geithner said this bill is too big to fail. we're figuring out now, it doesn't. >> yes, it cer
so the answer to this problem is not a new tax and it will eventually get passed on to the consumer. but big banks should worry. a vote in the senate does show that there is moment. >> bart, you're in the camp that says we should break up the big banks, that there is a thing, too big to fail. but what's too big? where's the watermark? at what point is that bank too big to fail? and who should decide that? >> it's a good question and does need to be studied. banks have been closed up...
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Mar 12, 2013
03/13
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eye 88
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. tdd#: 1-800-345-2550 markets on the rise. tdd#: 1-800-345-2550 companies breaking through. tdd#: 1-800-345-2550 endless possibilities. tdd#: 1-800-345-2550 with schwab, i search the globe for the big movers. tdd#: 1-800-345-2550 i can trade in 30 different markets tdd#: 1-800-345-2550 to help me seize opportunities, tdd#: 1-800-345-2550 potentially better returns and new ways to diversify. tdd#: 1-800-345-2550 to get an edge, i use schwab's global research. tdd#: 1-800-345-2550 they give me equity ratings on foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, tdd#: 1-800-345-2550 momentum and risk. tdd#: 1-800-345-2550 i also have access to independent firms tdd#: 1-
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. tdd#: 1-800-345-2550 markets on the rise. tdd#: 1-800-345-2550 companies breaking through. tdd#: 1-800-345-2550 endless possibilities. tdd#: 1-800-345-2550 with...
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79
Jan 11, 2013
01/13
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KTVU
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eye 79
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they include tax breaks and leasing the stadium and local venues at much lower rates than normal. santa clara leaders are meeting to discuss if the city can make any money. >>> green bay packers fans are starting to arrive in the bay area. it's hard to miss them. they are decked out in packers colors and have packed several hotels including the sheraton fisherman's wharf. >> loud and proud. you've got to represent. i love it. [ laughter ] not all cities i would probably feel that way. but they are good here. >> sports bars will run specials on game day and at the nfl shop at pier 39 hot item is san francisco answer to the cheese head. a $40, 49ers gold nugget head. tune to ktvu tomorrow for complete game day coverage. we begin our coverage with playoff play book at 4:00. and foxes pregame show at 4:30. kickoff just after 5:00. don't forget after the game you can join sports director mark eastbound these for the point after. >>> 4:37 is the time. hopefully sal during that show we're talking about a really great win for the 49ers. >> you and me both, pam. we'll see about that. it's
they include tax breaks and leasing the stadium and local venues at much lower rates than normal. santa clara leaders are meeting to discuss if the city can make any money. >>> green bay packers fans are starting to arrive in the bay area. it's hard to miss them. they are decked out in packers colors and have packed several hotels including the sheraton fisherman's wharf. >> loud and proud. you've got to represent. i love it. [ laughter ] not all cities i would probably feel that...
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Jan 11, 2013
01/13
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FBC
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eye 80
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tax increases, and getting rid of the debt ceiling nonsense. how they could make a deal over december 31st allowing the debt ceiling nonsense to come in the first quarter? it just seems ridiculous. we're about to go into never never land again. liz: so do you believe that the longer end, starting where? 15? 30? >> five years is weak, ten years weak, long bonds weak. again, trading down until this fiscal -- the real fiscal cliff of the debt ceiling gets resolved. liz: you predicted for qe infinity, and new minutes from the federal reserve indicates more than one more person said e have to stop adding liquidity to the -- >> wouldn't that be great? liz: i don't know, would it? in what way, and what do you buy if that's the case? >> issuing ten year notes, and the u.s. government buys them all? they finance them overnight, lowest interest rates, oh, we are not boar ring for long, that seems silly, but with the 2% growing economy, it's going to take a long time to stop qe3. the sad part is qe3 goes on, and at the enof the year, oh, we are not there
tax increases, and getting rid of the debt ceiling nonsense. how they could make a deal over december 31st allowing the debt ceiling nonsense to come in the first quarter? it just seems ridiculous. we're about to go into never never land again. liz: so do you believe that the longer end, starting where? 15? 30? >> five years is weak, ten years weak, long bonds weak. again, trading down until this fiscal -- the real fiscal cliff of the debt ceiling gets resolved. liz: you predicted for qe...
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Nov 25, 2013
11/13
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CNBC
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. >> or taxed. >> or taxed. [stopwatch ticking] >> as we'll discover, those offshore gambling companies even advertise here in the u.s., and it's all perfectly legal, when 60 minutes on cnbc returns. americans take care of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire your way... with confidence. that's what ameriprise financial does. that's what they can do with you. ameriprise financial. more within reach. just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and stadiums. but, of course, it's a good listener too. [ female announcer ] today cisco i
. >> or taxed. >> or taxed. [stopwatch ticking] >> as we'll discover, those offshore gambling companies even advertise here in the u.s., and it's all perfectly legal, when 60 minutes on cnbc returns. americans take care of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire your way......
88
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Oct 29, 2013
10/13
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. >> or taxed. >> or taxed. [stopwatch ticking] >> as we'll discover, those offshore gambling companies even advertise here in the u.s., and it's all perfectly legal, when 60 minutes on cnbc returns. ♪ [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the cadillac ats -- 2013 north american car of the year. lease this cadillac ats for around $299 per month with premium care maintenance included. ♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will distribute his usual wisdom. and you? well, you're the chief life officer. you just need the right professional to help you take charge. ♪ in a we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking fo
. >> or taxed. >> or taxed. [stopwatch ticking] >> as we'll discover, those offshore gambling companies even advertise here in the u.s., and it's all perfectly legal, when 60 minutes on cnbc returns. ♪ [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the cadillac ats -- 2013 north american car of the year. lease this cadillac ats for around $299 per month with premium care maintenance...
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216
Jan 17, 2013
01/13
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eye 216
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there's tax issues we might revis revisit. real quickly, the spreads are starting to widen. maybe that's why businesses really at that point in these markets while the tapping is good. >> thank you, rick. survey monkey. it's a web-based survey company has raised $800 million in debt. one of the largest and one of its newest investors happens to be google. kayla tausch has been following this. >> thank you, dave, for being here. rare east costa peerns to announce this newest round of funding. $800 million. no small amount. more than most spaul public companies raise going public. >> we've been working on this for over a year. we decided there's a lot of good reasons to go public. if you need capital, you need equity and if you just need liquidity and you could find that from being private, we said if there's a good way to do it and get liquidity for investors and employees was do that. we brought in new equity and brought in debt. >> raising debt for a private growth-oriented technology company. not something that happens very often. i know you had meetings with those investo
there's tax issues we might revis revisit. real quickly, the spreads are starting to widen. maybe that's why businesses really at that point in these markets while the tapping is good. >> thank you, rick. survey monkey. it's a web-based survey company has raised $800 million in debt. one of the largest and one of its newest investors happens to be google. kayla tausch has been following this. >> thank you, dave, for being here. rare east costa peerns to announce this newest round of...
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Mar 28, 2013
03/13
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eye 99
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and taxes are just $9,900. that makes me ill to look at that. the next one is a beautiful high-rise condo on one of my favorite streets in america. lakestore drive. is that right? >> that's correct. >> 505 north lake shore. >> this property sits on the water's edge. on the 63rd floor. it's a contemporary renovated unit. >> look at that view. look at that. i want to move in. >> every room has a wall of windows so you can see the water. has an open floor plan. kitchen, stainless steel appliances, maple cabinets. floors are limestone. bedrooms are hardwood. bedrooms are marble. it's a whole building that has full amenities. a two and a half acre private park. indoor outdoor private swimming pool. bbq area. health spa, exercise room, walking distance to the beach, navy pier and more. >> i love that and i love that street. >> it doesn't look that. >> a little background on that. a chicago bungalow. it has very, very nice finishes. open floor plan. what's really nice about the home is it has huge screened in back porch that leads out to a three-car ga
and taxes are just $9,900. that makes me ill to look at that. the next one is a beautiful high-rise condo on one of my favorite streets in america. lakestore drive. is that right? >> that's correct. >> 505 north lake shore. >> this property sits on the water's edge. on the 63rd floor. it's a contemporary renovated unit. >> look at that view. look at that. i want to move in. >> every room has a wall of windows so you can see the water. has an open floor plan....
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Jun 15, 2013
06/13
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CNBC
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. >> or taxed. >> or taxed. [stopwatch ticking] >> as we'll discover, those offshore gambling companies even advertise here in the u.s., and it's all perfectly legal, when 60 minutes on cnbc returns. man: the charcoal went out already? ... forget it. vo: there's more barbeque time in every bag of kingsford original charcoal. kingsford. slow down and grill. just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and stadiums. but, of course, it's a good listener too. [ female announcer ] today cisco is connecting the internet of everything. so everything works like never before. why not make theuncer ] todday unforgettable?ting the internet of everything. with two times the points on travel, from taxis to trains. you'll be asking why not, a lot.
. >> or taxed. >> or taxed. [stopwatch ticking] >> as we'll discover, those offshore gambling companies even advertise here in the u.s., and it's all perfectly legal, when 60 minutes on cnbc returns. man: the charcoal went out already? ... forget it. vo: there's more barbeque time in every bag of kingsford original charcoal. kingsford. slow down and grill. just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we...
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121
Mar 1, 2013
03/13
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KTVU
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eye 121
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democrats want to combine spending cuts with new tax revenue. republicans insist on a cuts only approach and both sides blame the other. >> republicans have voted twice to replace the president's sequester with smarter spending cuts and reforms. but the president and democrat leaders have failed to pass a solution of their own. >> it is a day when soon people will be getting a pink slip. we might as well get a pink slip from the office of the speaker and the republican conference. the 750,000 american workers. >> now some of the impact to the spending cuts won't be felt for weeks. and if congress comes up with a new budget, it could eliminate some of the cuts all together. the white house is urging the supreme court to overturn california's ban on same sex marriage. coming up at 5:45 why proposition 8 is unconstitutional. >>> firefighters in southern california continue to battle a massive fire that has left hundreds of people in the dark. the fire broke out yesterday afternoon. it's burning at rancho park which is 60 miles east of los angeles.
democrats want to combine spending cuts with new tax revenue. republicans insist on a cuts only approach and both sides blame the other. >> republicans have voted twice to replace the president's sequester with smarter spending cuts and reforms. but the president and democrat leaders have failed to pass a solution of their own. >> it is a day when soon people will be getting a pink slip. we might as well get a pink slip from the office of the speaker and the republican conference....
134
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Oct 29, 2013
10/13
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. >> or taxed. >> or taxed. [stopwatch ticking] >> as we'll discover, those offshore gambling companies even advertise here in the u.s., and it's all perfectly legal, when 60 minutes on cnbc returns. [ horn honks ] [ male announcer ] once in a while, everything falls into perfect harmony. [ engine revs ] and you find yourself in exactly the right place at the right time. just be sure you're in the right car when it happens. the 2014 c-class sports sedan. power, performance and style in total alignment. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. your grass waters itself. your dishes wash themselves. so why don't your floors... ...clean themselves? the irobot roomba vacuum cleaning robot. irobot. do you? (vo) our new planes don't fly any faster. but it sure feels that way. because with power ports... and wi-fi... and in-seat entertainment, for everyone on board, now when you fly, time flies too. (flight attendant) sir, we're about to land.
. >> or taxed. >> or taxed. [stopwatch ticking] >> as we'll discover, those offshore gambling companies even advertise here in the u.s., and it's all perfectly legal, when 60 minutes on cnbc returns. [ horn honks ] [ male announcer ] once in a while, everything falls into perfect harmony. [ engine revs ] and you find yourself in exactly the right place at the right time. just be sure you're in the right car when it happens. the 2014 c-class sports sedan. power, performance and...
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48
Oct 9, 2013
10/13
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CNBC
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eye 48
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interesting things that a lot of these members of congress focused on, though, is that medical devices tax that's part of obama care. a number of members of congress mentioned that to me as one thing if it was included in a final deal could be a sweetener, that might help get them a short term cr and debt ceiling limit increase with a little cave by the democrats. the question is whether or not the democrats are willing to cave on that or anything at this point. it's up in the air as we talk right now, guys. >> eamon javers, keep grilling them until you get the answer you want. >> will do. >> what should investors do if anything to position their portfolios ahead of a potential default. let's ask the portfolio of a small cap fund. you've come along with three great ideas. before we get to those on the macro point of view if a client calls up and says i'm a little worried about this default thing, not sure what to do, do you say to them panic, sell, or this, too, shall pass? >> i say i give them the same speech i gave them on benghazi on syria the irs scandal on the taper that we've been ta
interesting things that a lot of these members of congress focused on, though, is that medical devices tax that's part of obama care. a number of members of congress mentioned that to me as one thing if it was included in a final deal could be a sweetener, that might help get them a short term cr and debt ceiling limit increase with a little cave by the democrats. the question is whether or not the democrats are willing to cave on that or anything at this point. it's up in the air as we talk...
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Apr 30, 2013
04/13
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he wants to raise taxes, punitively so. he wants to raise taxes in furtherrance of what he sees is fairness and that's actually dangerous. >> in fact, we did raise taxes on january 1st. a lot. and guess what? >> more? >> mr. rogers just pointed out, a 4% quarter. so to say that raising taxes on rich people is bad for the economy just is factually incorrect. >> but the good news on that, almost everybody got a tax cut except for the very, very top. and, you know, you should be growing this economy at 5 or 6%. but the point is, why go back and do it again? >> my view is, look -- my view is, this is a middle-class problem and the problem is the middle class in this country is used to the service level that was provided by bill clinton's tax rates. when george bush cut taxes without having the courage to cut spending, that's what caused this problem. 60% of the deficit projected in 2019 -- >> when you say services, governor -- >> all i want to say is, what politicians of both parties have to tell middle class americans, if you
he wants to raise taxes, punitively so. he wants to raise taxes in furtherrance of what he sees is fairness and that's actually dangerous. >> in fact, we did raise taxes on january 1st. a lot. and guess what? >> more? >> mr. rogers just pointed out, a 4% quarter. so to say that raising taxes on rich people is bad for the economy just is factually incorrect. >> but the good news on that, almost everybody got a tax cut except for the very, very top. and, you know, you...
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Jun 19, 2013
06/13
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to an individual investor, that kk is tax deferred. it's a return on capital so you're getting cash returns of 8.8% with a tax liability deferred into the future. we're comfortable with it. just yesterday, for instance, i spoke with the ceo of barry petroleum. he said they're committed to the deal. their experts have looked at linn's accounting and they feel very comfortable and they're committed to the deal. >> i saw your comments on the street yesterday. i wanted to get back to that. we saw the stock moving as you were just talking about it. let's switch topics if we could for a moment because you have done something here for the first time that you have done in your entire career. that being file a lawsuit against a company of a stock that you own and a stock that you like, a stock you have mentioned on this show. meme may not realize the name because we don't talk about it that often, but it's tetragon financial group. >> it's very complex but in my opinion, and this is an opinion, their management and board members should be barre
to an individual investor, that kk is tax deferred. it's a return on capital so you're getting cash returns of 8.8% with a tax liability deferred into the future. we're comfortable with it. just yesterday, for instance, i spoke with the ceo of barry petroleum. he said they're committed to the deal. their experts have looked at linn's accounting and they feel very comfortable and they're committed to the deal. >> i saw your comments on the street yesterday. i wanted to get back to that. we...
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34
Dec 17, 2013
12/13
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CNBC
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eye 34
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that's why new york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and grows more businesses... we're open to it. start a tax-free business at startup-ny.com. ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum. [ male announcer ] stick it to the market before you get stuck. get the most extensive charting wherever you are with the mobile trader app from td ameritrade. wherever you are with the mobile trader app (voseeker of the sublime.ro. you can separate runway ridiculousness... from fashion that flies off the shelves. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (natalie) ooooh, i like your style. (vo) so do we, business pro. so do we. go national. go like a pro. >>> welcome back, everybody. street talk time. we hit th
that's why new york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and grows more businesses... we're open to it. start a tax-free business at startup-ny.com. ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum. [ male announcer ] stick it to the market before you get stuck....
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May 28, 2013
05/13
by
KRCB
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eye 99
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in ohio, and indiana among other state, governors want tax cuts. tennessee boosting health care and prisons. 's a far cry from late 2010 with the national economy slumping and federal aid drying up, noted analyst meredith whitney told cbs' "60 minutes" that you could see 50 sidable defaults. 50 to 100 sizeable defaults amounting to hundreds of billions of dollars. the sell-off triggered by those comments a distant memory from the muni bond markets. the states spend widely so they don't come up short again. nao recommds the tra cash go to a rainy day fund, and that may not seem sexy for voters, but it could prove better for the state's fiscal future. for the nightly business report, i'm mary thompson. >> the spotlight is on the winners and let's begin with dow component merck and it led the farm as higher as jefferies upgraded it to buy from hold and it describes it as the best restructuring plays in the pharma group and a backhanded compliment. they pushed merck up almost 1% before it fell back to close a 4762. unitedhealthca unitedhealthcare, anot
in ohio, and indiana among other state, governors want tax cuts. tennessee boosting health care and prisons. 's a far cry from late 2010 with the national economy slumping and federal aid drying up, noted analyst meredith whitney told cbs' "60 minutes" that you could see 50 sidable defaults. 50 to 100 sizeable defaults amounting to hundreds of billions of dollars. the sell-off triggered by those comments a distant memory from the muni bond markets. the states spend widely so they...
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90
Jun 15, 2013
06/13
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CNBC
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eye 90
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. >> or taxed. >> or taxed. [stopwatch ticking] >> as we'll discover, those offshore gambling companies even advertise here in the u.s., and it's all perfectly legal, when 60 minutes on cnbc returns. you make a great team. it's been that way since the day you met. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical
. >> or taxed. >> or taxed. [stopwatch ticking] >> as we'll discover, those offshore gambling companies even advertise here in the u.s., and it's all perfectly legal, when 60 minutes on cnbc returns. you make a great team. it's been that way since the day you met. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same...
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40
Mar 25, 2013
03/13
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CNBC
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eye 40
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no longer are taxpayers an sovereign tax holders bear the brunt of bailing out banks. very clearly, this man who is now at the helm of 17 finance ministers of the eurozone has today given a very pointed interview with reuters in the financial times in which he said, what we did last night is what i call pushing back the risks. if there is a risk in a bank our first question should be, okay, what are you the bank going to do about that? what can you do to recapitalize yourself? this is the big bit. if the bank can't recapitalize itself then we will talk to the shareholders and bondholders. we will ask them to contribute and recapitalizing the bank and if necessary the uninsured departme deposit holders. if you have money in an italian bank at the moment over 100,000 euros and it has to be restructured, you will likely be paying the cost of that on the what is now being said in europe. and the move sharply lower on all the banking stock and european stock markets. let me show you what happened in paris and you will see this roller coaster. some of the french banks were u
no longer are taxpayers an sovereign tax holders bear the brunt of bailing out banks. very clearly, this man who is now at the helm of 17 finance ministers of the eurozone has today given a very pointed interview with reuters in the financial times in which he said, what we did last night is what i call pushing back the risks. if there is a risk in a bank our first question should be, okay, what are you the bank going to do about that? what can you do to recapitalize yourself? this is the big...
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92
Feb 18, 2013
02/13
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CNBC
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eye 92
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return, so what they do with their taxes is not my business. i'm a banker. >> so you would steer them to somebody who would help them hide their money? >> i would them to these service providers. >> that's correct. >> you must have known deep down that it was illegal. >> when you came into the u.s. you felt uncomfortable. that's correct. >> but as a gesture of good will, birkenfeld did give the justice department, senate investigators, irs agents, and the s.e.c. lots of information about ubs and its secret activities. >> any transaction that happened on an account was held deep in the vault and sealed until the client came to pick it up personally. then they would either take it with them, which was generally not the case, or they would tell you to shred it, which we would do on behalf of the client. >> people didn't have online accounts. >> it was forbidden. e-banking was forbidden. >> they didn't get statements in the mail. >> no. >> so if somebody wanted to know how much money they had in the bank and how their investments were doing, they h
return, so what they do with their taxes is not my business. i'm a banker. >> so you would steer them to somebody who would help them hide their money? >> i would them to these service providers. >> that's correct. >> you must have known deep down that it was illegal. >> when you came into the u.s. you felt uncomfortable. that's correct. >> but as a gesture of good will, birkenfeld did give the justice department, senate investigators, irs agents, and the...
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127
Apr 24, 2013
04/13
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CNBC
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eye 127
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i would much rather see a full tax report of a low rate, flat tax. get rid of all this garbage and nonsense. >> ah! >> have one low rate which jerry brown proposed in 1982 and be done with all these other problems. >> we double tax investment and savings. why don't we just tax consumption. in other words, investment savings is the seed core of the whole country. that's why new jobs, new income. why would we want to tax savings, much less double and triple tax? >> sadly, larry, in washington, much of the economics profession as well does not understand that investment is the mother's milk of pros period of time. without investment, you don't get a higher standard of link. trying to put caps on capitalization is ridiculous. we should be moving back through the flat tax or other reforms and in terms of what the president proposed on 401 ks, larry, you know and i know that's the beginning. first of all, they lied no us about social security, they are double taxed. we were told they would not be taxed when we were retired. they've moved back on that promi
i would much rather see a full tax report of a low rate, flat tax. get rid of all this garbage and nonsense. >> ah! >> have one low rate which jerry brown proposed in 1982 and be done with all these other problems. >> we double tax investment and savings. why don't we just tax consumption. in other words, investment savings is the seed core of the whole country. that's why new jobs, new income. why would we want to tax savings, much less double and triple tax? >> sadly,...
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Oct 7, 2013
10/13
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CNBC
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>> first thing su overhaul the tax act. it's a mess. >> the tax code is complicated. we've been talking about this for a lot of years. how come we haven't done it yet? >> we have new agenda items. obama care is something clearly the democrats wanted done during their tenure in this last session. we didn't care about taxation. yet if you want to create more jobs in this country, the number one thing to do would not have been to focus on health care. it would have been to focus on job creation, which means lower taxation, simplifying the tax code and making the path easier for entrepreneurs. i meet them every day. they want to be successful. the government seems to be in their way, not on the sidelines cheering them on anymore. >> obviously government doesn't see it that way. >> really? >> so, what is it going to take for government to actually understand what you're saying and agree with that? >> here's what we need. less government everywhere. both federally and right down to the state level. that's what we need. which equates to lower taxation, lower regulations. rem
>> first thing su overhaul the tax act. it's a mess. >> the tax code is complicated. we've been talking about this for a lot of years. how come we haven't done it yet? >> we have new agenda items. obama care is something clearly the democrats wanted done during their tenure in this last session. we didn't care about taxation. yet if you want to create more jobs in this country, the number one thing to do would not have been to focus on health care. it would have been to focus...
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303
Apr 29, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. the math of retirement is different today.ek. money has to last longer. i don't want to pour over pie charts all day. i want to travel, and i want the income to do it. ishares incomes etfs. low cost and diversified. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully befo
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications...
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135
Mar 22, 2013
03/13
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CNBC
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eye 135
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is there any way around fundamentally taxing deposits they're taxing the population? >> the obvious ways, when you have 68 billion of deposits and you have a failed institution, maybe that's one venue. but the constraint that you see there is that you have to insure the depositors, but ought to be the last one to be paying for that bill. and that is the problem. if you are too punitive of the other 100k depositors, then you hit the financial offshore of the environment. the choice should be obvious to the majority, at least to the european monetary union. >> and most people would assume before depositors were ever looked at as a source of cash, it would be the bondholders that got hit. if cyprus has to raise 67 billion and there's only 1.7 billion in bonds to go after, that won't solve the problem. should they still, though, have tried it? >> i think the natural way to proceed is first feed equity, then junior debt and then senior debt and, last, depositors. and that would very last insure the depositors. so yes, indeed. as you rightly pointed out, it's around 11.7 of
is there any way around fundamentally taxing deposits they're taxing the population? >> the obvious ways, when you have 68 billion of deposits and you have a failed institution, maybe that's one venue. but the constraint that you see there is that you have to insure the depositors, but ought to be the last one to be paying for that bill. and that is the problem. if you are too punitive of the other 100k depositors, then you hit the financial offshore of the environment. the choice should...
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136
Dec 30, 2013
12/13
by
CNBC
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eye 136
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how are you with taxes? [ laughs ] [ counselor ] and for even more cleaning power, try cascade platinum. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. >> in retrospect, giving wall street immunity from state gambling laws and legalizing activity that had been banned for most of the 20th century should have given lawmakers pause, but on the last day and the last vote of the lame duck 106th congress, wall street got what it wanted. the senate passed the bill unanimously. >> the senate stands adjourned sine die. >> there was an awful lot of, "trust us. leave it alone. we can do it better than government," without any realistic understanding of the dangers
how are you with taxes? [ laughs ] [ counselor ] and for even more cleaning power, try cascade platinum. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone...
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55
Apr 25, 2013
04/13
by
CNBC
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eye 55
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one thing you say is that trades should be taxed that aren't held for a long enough period of time to try and cut down on this sort of thing. i could see people on wall street right now rolling their eyes when they hear something like that. >> well, of course, look, wall street is smart. they follow the money. this is not a knock on the algorithmic traders. this is not a knock really on anybody. people follow the money and it's very efficient. we all look for opportunities on where we can make money. but, again, if -- in my opinion, if you look at the bigger picture, all of this -- i don't want to say electronic -- algorithmically driven trading has created a ton of downstream problems. look at the aging of the stock market. i don't have the exact numbers. whether it's the s&p or the dow or the whole public universe. not only have we seen a decline in the number of public companies, but the companies that we're looking at and investing in are aging considerably because there are no new companies coming in. look at the tech sector. the bell weather are for the most part 20 and 30 years
one thing you say is that trades should be taxed that aren't held for a long enough period of time to try and cut down on this sort of thing. i could see people on wall street right now rolling their eyes when they hear something like that. >> well, of course, look, wall street is smart. they follow the money. this is not a knock on the algorithmic traders. this is not a knock really on anybody. people follow the money and it's very efficient. we all look for opportunities on where we can...
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224
Apr 1, 2013
04/13
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CNBC
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eye 224
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a new property tax cap... and the lowest middle class income tax rate in 60 years... and a billion dollars in tax breaks and incentives. new opportunities for business. over 250,000 new private sector jobs were created over the last two years. and 17 straight months of job growth. with the most private sector jobs ever. lower taxes, new incentives, new jobs, now that's news. to grow or start your business in the new new york visit thenewny.com with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> >>> welcome back. technology stocks have led this decline on wall street so far today. see ma ma mody has details. >> take a look at ebay. higher on an upgrade. the an
a new property tax cap... and the lowest middle class income tax rate in 60 years... and a billion dollars in tax breaks and incentives. new opportunities for business. over 250,000 new private sector jobs were created over the last two years. and 17 straight months of job growth. with the most private sector jobs ever. lower taxes, new incentives, new jobs, now that's news. to grow or start your business in the new new york visit thenewny.com with fidelity's new options platform, we've...
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104
Oct 8, 2013
10/13
by
MSNBC
tv
eye 104
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with the help of southern democrats and the house of representatives, president reagan passed his tax cuts. what we have now is record polarization. one party, gop likely most extreme idea logically coherent and demographically self contained party probably ever in american history. they believe despite losing the presidential election, being a minority in the senate and receiving less votes in the house they have full democratic legitimacy. they're willing to do what it takes no matter how unprecedented or destructive to impose their will. the writer calls what is shaping of a domestic cuban missile crisis where a single blunder could have unalterable consequences. i am joined now, and your piece has thousand of likes on facebook, arresting thesis, walk me through the idea. we have the constitutional system that we have. and the modern political party system. and you seem to be saying these two are on a collision course? >> that's right. now look, it's not all right constitutional system. because the debt ceiling is the, is the most explosive party of the current showdown. the debt c
with the help of southern democrats and the house of representatives, president reagan passed his tax cuts. what we have now is record polarization. one party, gop likely most extreme idea logically coherent and demographically self contained party probably ever in american history. they believe despite losing the presidential election, being a minority in the senate and receiving less votes in the house they have full democratic legitimacy. they're willing to do what it takes no matter how...
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Apr 10, 2013
04/13
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CNBC
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eye 81
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you also have some other tax increases on tobacco, limiting tax benefits for iras. and hedge fund managers to pay for lower middle class workers. things like universal, preschool and other benefits. the questions are do we then get talks on a so-called grand bargain? some want to have this discussion. we'll see where it goes. simon, back to you. sfwl thank you very much. john har wwood with the latest there. during the course of the next hour of "squawk on the street," we're going to mix it up and take a slightly different format than we usually do. we're going to talk about the budget. we're also going to talk about the revival of detroit. could it be a blueprint for other cities around america? and we have fresh fact faces to take us through. also with us, mike santoli you will know from yahoo! a colu columnist there. the next hour we're calling "squawk on the street" overdrive. ♪ >> the third hour of "squawk on the street." thank you all for joining us. you've just seen the president there unveil his budget for 2014. mike, he said it was a blue prohibit for the
you also have some other tax increases on tobacco, limiting tax benefits for iras. and hedge fund managers to pay for lower middle class workers. things like universal, preschool and other benefits. the questions are do we then get talks on a so-called grand bargain? some want to have this discussion. we'll see where it goes. simon, back to you. sfwl thank you very much. john har wwood with the latest there. during the course of the next hour of "squawk on the street," we're going to...
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70
Apr 26, 2013
04/13
by
KQED
tv
eye 70
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democrats suggested there be tax increases. would that be part of a deal, or is it much more quarantined than that? >> well, it would not be part of the deal, but they're talking about right now, it might pass this week to alleviate the flight delays. if we get more impacts. this sequester hits home in a way members of congress decide theyen cat stomach any more. that's when you get negotiations with the white house on a broader solution. and they continue to say a precondition for having negotiations to alleviate it is, we need more tax revenue, ween cat just do it with budget cuts alone. >> what happens next, what would congress do next? >> congress could have a vote by the senate tonight. the senate's scheduled to be in recess next week, there's a premi premium, if they're going to do it this week on doing it this evening. the house could take it up tomorrow. members would go home in the senate, hear from their constituents and figure out whether or not there are broader impacts they need to address. one triggering mechanism
democrats suggested there be tax increases. would that be part of a deal, or is it much more quarantined than that? >> well, it would not be part of the deal, but they're talking about right now, it might pass this week to alleviate the flight delays. if we get more impacts. this sequester hits home in a way members of congress decide theyen cat stomach any more. that's when you get negotiations with the white house on a broader solution. and they continue to say a precondition for having...
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Apr 26, 2013
04/13
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CNBC
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eye 152
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to me, it's flat tax reform or deregulation. keith, i think you saw with the faa which can be seen in other agencies is the difference between essential and nonessential services and individuals and that's what they're doing with the faa and that's what they should do with the other executive departments. the sequester can go through, but there has to be choices between essential and nonessential services. that's all i'm saying. that includes personnel. >> well, it's only essential if it doesn't affect you and me. >> no -- >> i think that's the problem. we have the congress here that has been bought and paid for basically by special interests. we saw with the vote last week on gun background checks, we are seeing it now with the faa furlough vote. anybody that has money and influence can buy what they want from these. that's not good for democracy. >> where is the president speaking today on planned parntdhood? >> let's get out of here. thanks to the free market panel. i appreciate it, gentleman. >>> now, for the story that ever
to me, it's flat tax reform or deregulation. keith, i think you saw with the faa which can be seen in other agencies is the difference between essential and nonessential services and individuals and that's what they're doing with the faa and that's what they should do with the other executive departments. the sequester can go through, but there has to be choices between essential and nonessential services. that's all i'm saying. that includes personnel. >> well, it's only essential if it...
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112
Jan 4, 2013
01/13
by
CNBC
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eye 112
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-- >> is it taxed? >> minnesota is the only one specifically taxing it because it has nicotine in it. other places will just give it a regular sales tax so far. >> very interesting, jany. thank you, as always. ty, back to you. >> sue, is jack lou the right person to replace tim geithner as treasury secretary? and how will apple react it samsung widening its lead over that company in the battle for the smart phone supremecy. more ahead on our power rundown. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused.
-- >> is it taxed? >> minnesota is the only one specifically taxing it because it has nicotine in it. other places will just give it a regular sales tax so far. >> very interesting, jany. thank you, as always. ty, back to you. >> sue, is jack lou the right person to replace tim geithner as treasury secretary? and how will apple react it samsung widening its lead over that company in the battle for the smart phone supremecy. more ahead on our power rundown. i've always...
218
218
Nov 14, 2013
11/13
by
WMPT
tv
eye 218
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tax exempt is a technical term and they must be a 501c3 or other charity. that's critical. registering with the secretary of state lets you make charity solicitations in maryland and an organization must be register. >> reporter: you know, a lot of people want to give after a crisis. they are looking for organizations, where do they go to find options that organizations they trust? >> you can go to our website at maryland nonprofits.org. we have a list of all the organization that are certified. that's a third party review that you can trust. there are also other programs that you can look for such as the bbb, you can look on guide star.org to view an organization's tax returns. >> reporter: and you think this is really important because if you are going to give your money away you shouldn't just think with your heart but with your head. you have to make a sensible decision to make sure its being well used. >> that's right. >> if you are making a small donation that's probably a low risk transaction. if you are getting a call at your home about a significant donation, i wou
tax exempt is a technical term and they must be a 501c3 or other charity. that's critical. registering with the secretary of state lets you make charity solicitations in maryland and an organization must be register. >> reporter: you know, a lot of people want to give after a crisis. they are looking for organizations, where do they go to find options that organizations they trust? >> you can go to our website at maryland nonprofits.org. we have a list of all the organization that...
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153
Apr 23, 2013
04/13
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CNBC
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eye 153
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. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested in the world. bny mellon. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients to software, to nurses to the right people and machines. ♪ helping hospitals treat people even better, while dramatically reduc
. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny...
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106
Jan 27, 2013
01/13
by
CSPAN2
tv
eye 106
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your taxes are going to be raised. you have a two-thirds chance of out living your retirement savings. talk to me. they present their solution. now, their solution is often something that is a high commissioned product, like, say, a variable annuity or indexed annuity, and, you know, all i can say about annuities, there's some good ones, some not so good ones, but if they presented you in a free lunch or dinner, they are not the ones you want to be in, and these are thingings that come with extremely high cost basis going on, and you can't get yourself out of them without severe difficulty, and the story is the people sold on inappropriate adjustments, do a google search, and there's tons of stuff on one page. >> host: you didn't say anything about the quality of the meal. good steak at least? >> guest: one is funny. apparently, the advice is right now is to give out the food when -- after the presentation, and parts so that people are not listening to you over clanging forks and so in part they are not distracted. my
your taxes are going to be raised. you have a two-thirds chance of out living your retirement savings. talk to me. they present their solution. now, their solution is often something that is a high commissioned product, like, say, a variable annuity or indexed annuity, and, you know, all i can say about annuities, there's some good ones, some not so good ones, but if they presented you in a free lunch or dinner, they are not the ones you want to be in, and these are thingings that come with...